Minsheng Financial Leasing’s (MSFL) order for 60 Gulfstream jets (40 firm, 20 options) announced last week at ABACE in Shanghai is in addition to, not further confirmation of, a $2.6 billion order for 50 Gulfstreams under an MoU signed between the two companies in July 2011. Thus, Minsheng now has up to 110 Gulfstreams on order–a mix of G280s, G450s, G550s and G650s–that AIN estimates are worth approximately $5.6 billion, including options.
Switzerland-based Jet Aviation Management (Booth P326) announced here at ABACE 2014 in Shanghai that it is adding two Gulfstream G450s and a new Gulfstream G550 to its managed fleet in Asia, bringing to 30 the number of aircraft it operates in the region.
The G550 and one of the G450s will be based in Hong Kong and maintained by the company’s Hong Kong maintenance facility, a Gulfstream Authorized Warranty Service Center for G450/G550/G650 aircraft. Delivery of the aircraft is expected by the end of next month.
Gulfstream Aerospace is here with its entire line of business jets, hoping to keep its Asia Pacific fleet growing after a spectacular surge over the 2008-2014 period. On the static display, airshow visitors can see the G150, G280, G450, G550 and G650 models, with the super-midsize G280 and the ultra long-range G650 being debutants at the Singapore Airshow. The airframer is continuing to invest in its sales force and product support offering in the region, Roger Sperry, senior regional v-p international sales told AIN.
Gulfstream Aerospace “is the primary growth engine for both earnings and revenue” at General Dynamics, parent company chairman and CEO Phebe Novakovic said yesterday during a fourth-quarter investor call. The company’s aerospace unit, which includes Gulfstream and Jet Aviation, had a “very good year” in 2013, she added.
International Water-Guard Industries (IWG) announced earlier this week that its agreement with Gulfstream Aerospace to provide water treatment units for the G450 and G550 has been renewed. The Canadian water systems specialist, based in Burnaby, B.C., has been providing water treatment units to Gulfstream for more than 20 years. The unit, manufactured by IWG Technologies, is standard on the G650.
Drake Group, an engineering services provider, recently received STC approval for deploying parachutists and cargo under parachute from a Gulfstream GV/G550. In addition to single and tandem sport parachuting, the STC allows the delivery of emergency medical supplies, survival equipment and specialized critical replacement components by static line at great distances from the aircraft departure point. The STC, a multiple certificate applicable to any GV or G550, requires no changes to the aircraft and consists of copyrighted AFM supplements.
Gulfstream Aerospace’s deliveries of completed aircraft more than doubled to 38 (32 large-cabin and six midsize jets) in the third quarter versus 17 large-cabin jets in the same period a year ago, parent company General Dynamics said during its quarterly investor conference call yesterday morning. In the first nine months, Gulfstream (Booth No. N3932) has shipped 103 outfitted airplanes (87 large cabin, 16 midsize), a nearly 81-percent rise from the 57 aircraft (52 large cabin, five midsize) handed over to customers in the same period last year.
Chinese charter provider Deer Jet (Booth No. C10450) and Dallas-based charter/management and maintenance provider Starbase signed a historic strategic alliance on October 22 during NBAA 2013. The alliance will allow Starbase (Booth No. C10450) to operate Deer Jet-owned N-registered aircraft under Starbase’s charter certificate in the U.S. and around the world.
For years, it has been an accepted axiom of aviation that you never jump out of a perfectly good airplane. But thousands do it every year, and safely, albeit with parachutes. They cram themselves into aging Caravans and Otters and joyfully leap into the clear, clean air thousands of feet above the ground.
Now The Drake Group, an engineering services provider, has taken skydiving to a new heights, so to speak, by winning a supplemental type certificate (STC) for deploying parachutists and cargo under parachute from a Gulfstream G550 and its older sister the GV.
Gulfstream Aerospace celebrated two milestones yesterday, August 14–the 55th anniversary of the GI’s first flight in 1958 and the 10th anniversary of the G550’s FAA certification in 2003. Powered by a pair of Rolls-Royce Dart turboprops, the GI was the first aircraft specifically designed and built for business travel, the company noted.
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